Credit Administrator Salary

A Credit Administrator earns an average salary of $51,419 per year. Skills that are associated with high pay for this job are Credit Control, Collections, and Financial Analysis.

$36,020 - $120,131
(Median)
$36K
$51K
$120K
MEDIAN: $51,419
10%
50%
90%

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$12.84 - $23.15
(Median)
$13
$17
$23
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$36,020 - $120,131  
   
Bonus
$0.32 - $19,797  
Profit Sharing
$2,133  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,583 - $110,693  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 128
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$12.84 - $23.15  
   
Overtime
$1.54 - $33.39  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.32 - $19,797  
   
Profit Sharing
$2,133  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,583 - $110,693  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 66
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Job Description for Credit Administrator

Credit administrators are responsible for managing and administrating credit-related duties on behalf of their company, and are in charge of facilitating and providing support-processing and electronic solutions for credit transactions. They also analyze credit requirements, process approval applications as required, approve and renew credit limits for clients and partners, and participate in business meetings to suggest new ways to approach credit administration processes.

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Credit Administrator Tasks

  • Ensure that approved accounts remain in good standing.
  • Establish terms for approved credit requests.
  • Assess credit risk.
  • Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.

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Pay by Experience Level for Credit Administrator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

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Experience Affects Credit Administrator Salaries

Late-Career
up arrow 89%

Experienced
up arrow 5%

Mid-Career
up arrow 5%

National Average
$47,000

Entry-Level
up arrow 15%

Skills That Affect Credit Administrator Salaries

Credit Control
up arrow 19%


Collections
up arrow 14%

National Average
$47,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
7%
1-4 years
25%
5-9 years
23%
10-19 years
27%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 76%
medical benefits
Vision: 67%
dental benefits
None: 11%
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